Posts Tagged ‘united states politics’

The Senate on Thursday approved a multi-billion dollar package of tax breaks and government-backed loans for small businesses, as Democrats surmounted months of opposition by Republican leaders. Backers say the bill could spur business growth and new hiring.

The small-business bill is likely to be the last major piece of legislation on economic and jobs issues that Democrats can accomplish before lawmakers leave Washington in early October to turn their full attention to campaigning.

As a new small business owner, this might be some good news finally.